Affiliation With Sallie Mae
USA Funds contracts with affiliates of Sallie Mae, the leading guarantor-servicing organization, to deliver some of the services necessary to support USA Funds’ guarantee.
Before July 31, 2000, USA Funds was an affiliate of USA Group. USA Funds contracted with other USA Group affiliates to these lenders contract with Sallie Mae for servicing and loan acquisition; others have no contractual relationships with Sallie Mae. Postsecondary institutions, their students, and parents are free to choose the lenders with which they wish to work while using the USA Funds guarantee.
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Famous quotes containing the word affiliation:
“Women will not advance except by joining together in cooperative action.... Unlike other groups, women do not need to set affiliation and strength in opposition one against the other. We can readily integrate the two, search for more and better ways to use affiliation to enhance strength—and strength to enhance affiliation.”
—Jean Baker Miller (20th century)